It's worth reviewing your credit score

What can we do for you?

Applying for money is a big deal. Putting yourself in a position where you owe funds is something many people find daunting, which is why we want to make the entire process as simple and stress-free as possible.

Financial Health Check

A free and confidential review with your business relationship manage to discuss your needs, goals and plans for the future.

Funding options

Acquiring funding is an essential step when looking to grow a business, as most need that initial cash injection. It's important to understand how much money you'll need and what type of funding will suit you best. We have a range of funding options that you can consider.

After we make a decision

The most common reason for your application status to be 'Awaiting Information’ is that we are lacking some of the key information we require to evaluate the lending application. For larger or more complex lending, it may be that your application is waiting on assets to be secured. This may involve legal complexities and solicitors.

We can’t approve all requests for lending. If we have not been able to approve your application, you can request to know the main reason why it has been unsuccessful. There may be a number of reasons why this is the case and you should discuss it with your relationship manager to find out if anything can be done to improve your chances of future success. We will then discuss this with you to find out if there are alternative options both through the bank and other schemes, which may provide funding.

Should your application be approved, we will let you know the good news. If you haven’t already signed all the required forms, we can arrange for you to either sign them in branch or have them emailed or posted to you. Once we receive everything we need, the money will be transferred to your account.

We’re committed to supporting small and medium-sized enterprises by making credit and working capital facilities available to viable businesses. As part of this commitment, we provide a transparent and open appeals process for customers who feel that a formal credit application has been unfairly declined. All appeals will be reviewed by our independent appeals team, who will make sure that the appropriate information was correctly factored into the original decision.

Credit scoring

Lenders will need assurance that you have the ability to repay the amount, and that they can trust you to keep up with payments over a prolonged period of time.
You can learn more with the credit scoring guide below.

Accounting software? yes please.

NatWest have partnered with FreeAgent, an online cloud accounting software created with the aim of helping small businesses manage their finances through one easy to use platform. FreeAgent is packed with benefits, learn more about how it could benefit your business.